Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    Roberson Ln Rocky Mount, NC 27804

    Sponsored
    For Sale
    $4,350,000

    30.6 Acres, 552 Units Possible, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: 30.6 acres of land in Rocky Mount, North Carolina, already zoned R6MFA for multifamily development, allowing for up to 552 units. This flat, cleared site is currently being farmed and boasts the significant advantage of no wetlands. The property is conveniently located within 200 yards of a recently constructed $180,000,000 Interstate 64 overpass featuring four bridges, ensuring excellent accessibility. Development is further streamlined by the absence of developer cash proffers, and essential utilities—sewer and water—are readily available on-site. The property's APN is 383006494584, and it is owned by an LLC. The asking price is $4,350,000, translating to $162,581 per acre. This represents a unique chance to capitalize on a prime location with significant development potential and minimal upfront hurdles. The property is situated at Roberson Ln, Rocky Mount, NC 27804, in Edgecombe County.

    Property Features for 0 Roberson Ln

    General Information

    Property type
    Multifamily properties
    Lot Size
    1,332,936 SF

    HighLights

    • 30.6‑acre multifamily development site in Rocky Mount, NC, zoned R6MFA for up to 552 units.
    • Flat, cleared site with no wetlands, currently farmed.
    • Excellent accessibility: 200 yards from a new $180 million I‑64 overpass.
    • No developer cash proffers required; sewer and water utilities available on‑site.
    • APN 383006494584; LLC ownership; Asking price: $4,350,000 ($162,581/acre).
    • Located at Roberson Ln, Rocky Mount, NC 27804 (Edgecombe County).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rocky Mount
    County
    Edgecombe
    State
    North Carolina
    Longitude
    -77.871185754723
    Latitude
    35.968137393741

    Nearby Similar for Sale

    • $200,000
      1,367 SF

      Commercial Opportunity with Expansion Potential

      Restaurant space with expansion potential on N Pine St, Rocky Mount.
      601-603 N Pine St, Rocky Mount, NC 27804
      View Details
    • $625,000
      10,000 SF

      Versatile Building in Rocky Mount, NC

      Adaptable commercial building suitable for various uses in Rocky Mount.
      420 Paul St, Rocky Mount, NC 27803
      View Details
    • $899,900
      9,000 SF

      Versatile Commercial Building Near Major Routes

      9,000 SF commercial building on 3 acres near I-95.
      2040 Fenner Rd, Rocky Mount, NC 27804
      View Details
    • $349,900
      3,408 SF

      Income-Producing Rocky Mount Quadplex

      Quadplex with updated units, spacious rooms, and common areas.
      428 Cokey Rd, Rocky Mount, NC 27801
      View Details
    • $109,900
      1,334 SF

      Rocky Mount Duplex Investment Opportunity

      Duplex with two units, ideal for investors or owner-occupants.
      423-427 N Daughtry St, Rocky Mount, NC 27801
      View Details
    • $369,000
      2,260 SF

      High-Visibility Commercial Building on Busy Corridor

      Commercial building on 0.54-acre lot with expansion potential.
      1505 E Raleigh Blvd, Rocky Mount, NC 27801
      View Details
    • $899,000
      92,160 SF

      Rocky Mount Warehouses on Fenced Land

      Four unconditioned warehouses on 5.72 acres, suitable for industrial use.
      1300 Scott St, Rocky Mount, NC 27801
      View Details
    • $144,500
      1,870 SF

      Income-Producing Duplex in Rocky Mount

      Move-in ready duplex with rental potential in Rocky Mount, NC.
      400 Midway St, Rocky Mount, NC 27801
      View Details
    • $560,000
      4,810 SF

      Retail Corner Near Rocky Mount Mills

      Five-unit retail property with restaurant space near mixed-use development.
      901 Falls Rd, Rocky Mount, NC 27804
      View Details
    • $55,000
      1,184 SF

      Rocky Mount Duplex Investment Opportunity

      Brick duplex near downtown Rocky Mount, great investment potential.
      617 Myrtle Ave, Rocky Mount, NC 27801
      View Details
    • Contact for pricing
      Pending

      Distressed Duplex: Investment Opportunity

      Value-packed duplex needing renovation in a developing neighborhood.
      422 Nance St, Rocky Mount, NC 27803
      View Details
    • $2,000,000
      34.43 Acres

      34-Acre Land Assemblage for Development

      34.43-acre assemblage suitable for a manufactured home community development.
      2351 Tanner Rd, Rocky Mount, NC 27801
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 30.6 Acres, 552 Units Possible, Excellent Location
    Where is this multifamily property located?
    The property is located at Roberson Ln Rocky Mount, NC.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: 30.6-acre multifamily development site in Rocky Mount, NC, zoned R6MFA for up to 552 units.; Flat, cleared site with no wetlands, currently farmed.; Excellent accessibility: 200 yards from a new $180 million I-64 overpass.
    Request Owner's contact information
    Roberson Ln Rocky Mount, NC 27804
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Roberson Ln
    Rocky Mount, NC 27804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Roberson Ln Rocky Mount, NC 27804
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.